Ishares Morningstar Value Etf Market Value
| JKF Etf | USD 84.98 0.19 0.22% |
| Symbol | IShares |
The market value of iShares Morningstar Value is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Morningstar's value that differs from its market value or its book value, called intrinsic value, which is IShares Morningstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Morningstar's market value can be influenced by many factors that don't directly affect IShares Morningstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Morningstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IShares Morningstar 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IShares Morningstar's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IShares Morningstar.
| 09/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in IShares Morningstar on September 4, 2023 and sell it all today you would earn a total of 0.00 from holding iShares Morningstar Value or generate 0.0% return on investment in IShares Morningstar over 450 days. The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Value IndexSM composed of... More
IShares Morningstar Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IShares Morningstar's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess iShares Morningstar Value upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5478 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.0 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8898 |
IShares Morningstar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Morningstar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IShares Morningstar's standard deviation. In reality, there are many statistical measures that can use IShares Morningstar historical prices to predict the future IShares Morningstar's volatility.| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.0701 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 4.15 |
iShares Morningstar Value Backtested Returns
At this point, IShares Morningstar is very steady. iShares Morningstar Value holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for iShares Morningstar Value, which you can use to evaluate the volatility of the entity. Please check out IShares Morningstar's Downside Deviation of 0.5478, risk adjusted performance of 0.1011, and Market Risk Adjusted Performance of 4.16 to validate if the risk estimate we provide is consistent with the expected return of 0.0808%. The etf retains a Market Volatility (i.e., Beta) of 0.0174, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares Morningstar's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares Morningstar is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
iShares Morningstar Value has very good predictability. Overlapping area represents the amount of predictability between IShares Morningstar time series from 4th of September 2023 to 16th of April 2024 and 16th of April 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of iShares Morningstar Value price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current IShares Morningstar price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 9.34 |
iShares Morningstar Value lagged returns against current returns
Autocorrelation, which is IShares Morningstar etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IShares Morningstar's etf expected returns. We can calculate the autocorrelation of IShares Morningstar returns to help us make a trade decision. For example, suppose you find that IShares Morningstar has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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IShares Morningstar regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IShares Morningstar etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IShares Morningstar etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IShares Morningstar etf over time.
Current vs Lagged Prices |
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IShares Morningstar Lagged Returns
When evaluating IShares Morningstar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IShares Morningstar etf have on its future price. IShares Morningstar autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IShares Morningstar autocorrelation shows the relationship between IShares Morningstar etf current value and its past values and can show if there is a momentum factor associated with investing in iShares Morningstar Value.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether iShares Morningstar Value is a strong investment it is important to analyze IShares Morningstar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Morningstar's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:Check out IShares Morningstar Correlation, IShares Morningstar Volatility and IShares Morningstar Alpha and Beta module to complement your research on IShares Morningstar. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
IShares Morningstar technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.